Deals
SAP CEO Has ‘Zero Interest’ in Salesforce Amid Deal Intrigue
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SAP SE Chief Executive Officer Bill McDermott worked to put down talk that his company is interested in buying Salesforce.com Inc.
The company’s technology isn’t unique enough to meet SAP’s criteria for an acquisition, McDermott told a conference in Orlando, Florida, on Tuesday. Salesforce, the cloud-computing software provider, is working with financial advisers after being approached by a potential acquirer, people familiar with the matter said last week.